Michigan § 500.7202 - Reciprocal insurance exchanges; insuring powers.
Full text of Michigan Michigan Compiled Laws § 500.7202 — Reciprocal insurance exchanges; insuring powers., with citation guidance and answers to common questions.
§ 500.7202. Reciprocal insurance exchanges; insuring powers.
Individuals, partnerships and public or private corporations of this state, hereby designated subscribers, are hereby authorized to exchange reciprocal or interinsurance contracts with each other or with individuals, partnerships and corporations of other states and countries providing indemnity among themselves and from any loss which may be insured against under other provisions of the laws, including employers' liability, workmen's compensation and accident insurance, and excepting life and health insurance.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.7202
What does Michigan Compiled Laws § 500.7202 cover?
Section 500.7202 ("Reciprocal insurance exchanges; insuring powers.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 500.7202?
A common citation format is "Michigan Compiled Laws § 500.7202" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.7202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.